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Global SSL Certification Market 2012-2016

Global SSL certification market: 11.4% CAGR growth expected between 2012-16


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2014-01-30 05:47:01 - Global SSL Certification Market 2012-2016 - a new market research report on companiesandmarkets.com

The Global Secure Sockets Layer (SSL) Certification market is to grow at a CAGR of 11.42 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing number of online transactions. The Global SSL Certification market has also been witnessing the increasing adoption of SSL Certification by small and medium-sized enterprises. However, the increasing price war among vendors could pose a challenge to the growth of this market.

One of the main trends witnessed in the Global SSL Certification market is the increasing adoption of security solutions by SMEs is increasing because of the increasing frequency and intensity of security threats, data thefts, identity thefts, and other security issues in the SMEs sector. Furthermore,

 

 

as SMEs are expanding their presence in various geographies, they have to comply with various regulatory requirements. This also drives SMEs to adopt enhanced security solutions so that they can proactively defend their networks. Therefore, to cater to this demand, SSL certification vendors are focusing on delivering SMEs-specific offerings. Small local SSL certification vendors are also offering Certifications for SMEs.

One of the main factors driving the market is the increasing adoption of SSL Certifications by non-traditional sectors such as the Social Networking and Online Gaming sectors.

One of the main challenges is the encryption issues with mobile web browsers. While mobile web browsing is witnessing high growth, SSL Certification providers are still not able to provide Certifications with efficient compatibility.

The key vendors dominating this space include CMO GlobalSign Inc., Comodo Group Inc., Entrust Inc., Go Daddy Group Inc., and Symantec Corp.

The other vendors mentioned are Digicert Inc., Network Solutions LLC, SecureTrust Corp., StartCom Ltd., and TrustWave Holdings Inc.

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